Concurrent Investment Advisors LLC Invests $5.07 Million in First Trust Core Investment Grade ETF $FTCB

Concurrent Investment Advisors LLC acquired a new position in shares of First Trust Core Investment Grade ETF (NYSEARCA:FTCB) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 240,946 shares of the company’s stock, valued at approximately $5,074,000. Concurrent Investment Advisors LLC owned 0.40% of First Trust Core Investment Grade ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Perigon Wealth Management LLC lifted its stake in shares of First Trust Core Investment Grade ETF by 16.3% during the second quarter. Perigon Wealth Management LLC now owns 63,532 shares of the company’s stock worth $1,338,000 after buying an additional 8,907 shares during the period. Spire Wealth Management acquired a new stake in shares of First Trust Core Investment Grade ETF during the first quarter worth $97,000. Janney Montgomery Scott LLC acquired a new stake in shares of First Trust Core Investment Grade ETF during the first quarter worth $5,883,000. IFP Advisors Inc lifted its stake in shares of First Trust Core Investment Grade ETF by 3,299.4% during the first quarter. IFP Advisors Inc now owns 27,399 shares of the company’s stock worth $575,000 after buying an additional 26,593 shares during the period. Finally, Integrity Alliance LLC. acquired a new stake in shares of First Trust Core Investment Grade ETF during the first quarter worth $291,000.

First Trust Core Investment Grade ETF Trading Up 0.4%

NYSEARCA:FTCB opened at $21.45 on Monday. First Trust Core Investment Grade ETF has a 12 month low of $18.76 and a 12 month high of $22.33. The firm has a fifty day simple moving average of $21.25 and a 200-day simple moving average of $20.98.

About First Trust Core Investment Grade ETF

The First Trust Core Investment Grade ETF (FTCB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed ETF that provides broad exposure to investment-grade debt securities of various maturities from around the world, including emerging markets.